Chicago, IL vs Miami, FL
Moving from Chicago to Miami? Here's what changes — from your equivalent salary to housing ($353,998 → $475,622 median home) and taxes.
Chicago vs Miami at a glance
Bars scaled to the range across all 200 metros; labels show actual values.
To keep the same standard of living as $100,000 in Chicago, IL, you'd need about $99,934 in Miami, FL (−$66).
Livability — Chicago, IL: 63 · Miami, FL: 57 (0–100).
What your home budget buys
A $500,000 home budget gets you about 2,402 sqft in Chicago vs 1,945 sqft in Miami ($208 vs $257 per sqft).
Annual cost breakdown (at $100,000)
| Category | Chicago, IL | Miami, FL | Difference |
|---|---|---|---|
| Housing | $27,192 | $32,316 | +$5,124 |
| Groceries | $5,215 | $5,091 | −$124 |
| Transportation | $3,550 | $4,800 | +$1,250 |
| Utilities | $4,800 | $4,080 | −$720 |
| Insurance | $180 | $180 | +$0 |
| Taxes | $8,051 | $2,457 | −$5,594 |
| Total | $48,988 | $48,924 | −$64 |
Effective state & local tax rate on $100,000 — Chicago, IL: 8.1% · Miami, FL: 2.5% (income + local + sales + property tax where applicable ÷ income)
Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.
Side by side
| Metric | Chicago, IL | Miami, FL |
|---|---|---|
| Cost-of-living index | 102.5 | 112.1 |
| Unemployment rate | 6.19% | 5.24% |
| Population growth (5-yr) | 0.2% | 1.7% |
| Air quality (median AQI) | 56 | 51 |
| Big Mac price (est.) | $5.83 | $6.38 |
| Median home price | $353,998 | $475,622 |
| Home price ÷ income | 4.2× | 6.9× |
| 1-yr home appreciation | 4.4% | -2.9% |
| Price per square foot | $208 | $257 |
| Median rent | $2,266 | $2,693 |
| Total tax burden (state avg, Tax Foundation) | 12.9% | 9.1% |
| Combined sales tax | 8.86% | 7.02% |
| Capital gains tax | 4.95% | None |
| Property tax rate | 2.11% | 0.90% |
| Life expectancy at birth | 78.2 yrs | 79.8 yrs |
| Healthcare (annual) | $6,800 | $7,500 |
| Uninsured (share of residents) | 8.4% | 15.7% |
| Primary care providers / 100k | 85 | 80 |
| Childcare (annual, infant) | $14,000 | $10,000 |
| Vehicle property tax | None | None |
| Days per year ≥ 90°F | 18 | 80 |
| Days per year ≥ 100°F | 1 | 0 |
| Homes with air conditioning (state) | 96% | 96% |
| Avg commute (min) | 31 | 30 |
| Commute by driving alone | 63.6% | 71.3% |
| Home insurance / yr | $1,900 | $4,200 |
| Auto insurance / yr | $1,600 | $2,900 |
| FEMA risk index (0–100, higher = more risk) | 97.1 — Relatively High | 99.5 — Relatively High |
| Flood insurance / yr | $700 | $1,400 |
| Earthquake insurance / yr | $300 | $100 |
| Electricity ¢/kWh | 20.5 | 15.4 |
| Gas $/gal | 3.60 | 3.35 |
| Natural gas / mo | $82 | $38 |
| Water & sewer / mo | $57 | $88 |
| Home internet / mo | $77 | $76 |
| Violent crime /100k (state avg) | 430 | 380 |
| Avg summer high °F | 85 | 91 |
| Avg winter low °F | 15 | 52 |
| Annual precipitation (in) | 40.9 | 67.4 |
| Annual snowfall (in) | 38.8 | 0.0 |
| Sunshine (% possible) | 54% | 70% |
| Permit difficulty (1–5) | 4 | 3 |
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